D.E. Shaw & Co Portfolio holdings
D. E. Shaw & Co., L.P., founded in 1988 by David E. Shaw, a former Columbia University computer science professor, is a New York City-based global investment management firm renowned for pioneering quantitative investing, managing over $70 billion in assets as of late 2024. Starting with $28 million from Paloma Partners and private investors, the firm employs sophisticated mathematical models and proprietary algorithms—initially developed by a team of scientists and programmers—to exploit market anomalies across public and private markets, including equities, fixed income, and alternatives. Headquartered above a Greenwich Village bookstore in its early days, it now boasts over 2,500 employees across offices in North America, Europe, and Asia, led by a seven-member Executive Committee since Shaw stepped back in 2001 to focus on D. E. Shaw Research. Despite setbacks like the 1998 Russia debt crisis and the 2008 financial downturn, the firm has maintained a reputation for analytical rigor, risk management, and innovation, balancing its computational roots with discretionary strategies.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$520M |
| 2 |
Accenture
ACN
|
+$474M |
| 3 |
Intel
INTC
|
+$436M |
| 4 |
Adobe
ADBE
|
+$318M |
| 5 |
Northrop Grumman
NOC
|
+$262M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.23B |
| 2 |
Apple
AAPL
|
+$900M |
| 3 |
Microsoft
MSFT
|
+$733M |
| 4 |
Netflix
NFLX
|
+$637M |
| 5 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$542M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.68% |
| 2 | Consumer Discretionary | 10.14% |
| 3 | Financials | 7.13% |
| 4 | Healthcare | 6.41% |
| 5 | Industrials | 4.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
PUT
Merck
MRK
$322B
| $11.7M | 0.01% |
94,600
-7,200
| -7% | -$927K |
|
1152
Hershey
HSY
$37.3B
| $11.7M | 0.01% |
63,638
-91,734
| -59% | -$17.7M |
|
1153
CALL
Williams-Sonoma
WSM
$27.5B
| $11.7M | 0.01% |
82,800
+7,400
| +10% | +$1.1M |
|
1154
PUT
Wolfspeed
WOLF
$1.04B
| $11.6M | 0.01% |
511,700
-407,500
| -44% | -$10.5M |
|
|
PARA
1155
PUT
DELISTED
Paramount Global Class B
PARA
| $11.6M | 0.01% |
1,117,300
-216,300
| -16% | -$2.53M |
|
1156
Haemonetics
HAE
$3.88B
| $11.6M | 0.01% |
140,264
+104,849
| +296% | +$9.22M |
|
1157
CALL
Cigna
CI
$78.4B
| $11.6M | 0.01% |
35,100
+21,900
| +166% | +$7.55M |
|
1158
Boot Barn
BOOT
$4.58B
| $11.6M | 0.01% |
89,949
+83,050
| +1,204% | +$9.35M |
|
|
ODP
1159
DELISTED
ODP
ODP
| $11.6M | 0.01% |
294,907
-99,022
| -25% | -$4.41M |
|
1160
CALL
Expedia Group
EXPE
$36.5B
| $11.6M | 0.01% |
91,700
-1,700
| -2% | -$210K |
|
1161
PUT
Analog Devices
ADI
$172B
| $11.4M | 0.01% |
+50,000
| New | +$10.7M |
|
1162
ADT
ADT
$5.43B
| $11.4M | 0.01% |
1,495,623
+99,839
| +7% | +$692K |
|
1163
IAMGOLD
IAG
$8.05B
| $11.4M | 0.01% |
3,025,330
+1,977,035
| +189% | +$7.53M |
|
1164
Watts Water Technologies
WTS
$11.2B
| $11.4M | 0.01% |
61,897
+48,079
| +348% | +$9.64M |
|
1165
Kennametal
KMT
$2.56B
| $11.3M | 0.01% |
481,557
+38,251
| +9% | +$940K |
|
1166
Paylocity
PCTY
$7.75B
| $11.3M | 0.01% |
+85,712
| New | +$13.3M |
|
1167
Paychex
PAYX
$43.4B
| $11.2M | 0.01% |
94,858
-211,188
| -69% | -$25.8M |
|
1168
SL Green Realty
SLG
$3.83B
| $11.2M | 0.01% |
198,337
-99,552
| -33% | -$5.24M |
|
1169
CALL
Halliburton
HAL
$26.1B
| $11.2M | 0.01% |
331,900
-243,800
| -42% | -$9M |
|
|
YMAB
1170
DELISTED
Y-mAbs Therapeutics
YMAB
| $11.2M | 0.01% |
926,457
-141,702
| -13% | -$1.91M |
|
1171
APi Group
APG
$16.7B
| $11.2M | 0.01% |
+444,699
| New | +$11.2M |
|
1172
NXP Semiconductors
NXPI
$60.8B
| $11.1M | 0.01% |
41,354
-216,271
| -84% | -$55.8M |
|
|
CNR
1173
Core Natural Resources Inc
CNR
$3.93B
| $11.1M | 0.01% |
108,917
+24,945
| +30% | +$2.27M |
|
1174
Henry Schein
HSIC
$9.78B
| $11.1M | 0.01% |
172,401
-96,512
| -36% | -$6.79M |
|
|
CSGS
1175
DELISTED
CSG Systems International
CSGS
| $11M | 0.01% |
268,041
+48,105
| +22% | +$2.13M |
|
Similar funds
D.E. Shaw & Co's Q2 2024 Portfolio in Review
As of Q2 2024, D.E. Shaw & Co held 4,975 positions worth $107B, down 8.5% from $117B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
D.E. Shaw & Co withdrew a net $20B in Q2 2024, closing 541 positions and reducing 1,567 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $542M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, D.E. Shaw & Co opened a new position in iShares JPMorgan USD Emerging Markets Bond ETF worth $258M.
- D.E. Shaw & Co's largest Q2 2024 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 2,917,600 shares worth $258M.
- D.E. Shaw & Co added most to Broadcom in Q2 2024, an estimated $520M increase.
- D.E. Shaw & Co's biggest Q2 2024 reduction was NVIDIA, cutting an estimated $1.23B.
- D.E. Shaw & Co fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $542M.
- D.E. Shaw & Co's ten largest holdings make up 11% of its $107B portfolio in Q2 2024.
- D.E. Shaw & Co opened 693 new positions and closed 541 in Q2 2024.
- D.E. Shaw & Co's portfolio value fell 8.5% quarter-over-quarter to $107B.
Based on D.E. Shaw & Co's 13F filing for Q2 2024, filed 14 Aug 2024.